Equipment associations seek federal changes
The North American Equipment Dealers Association and the Equipment Leasing and Finance Association are seeking changes as the fall legislative...
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Lender Operations
Playing whack-a-mole in Alabama: Vendor fraud spreads
Fraudsters are swindling thousands of dollars from consumers by using the names of defunct, isolated or off-the-grid equipment vendors to...
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Turning techy: Best practices for AI implementation
As artificial intelligence use becomes more common in the equipment finance industry, developing best practices is key to successful implementation. ...
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US economy powers ahead, boosting chances of averting recession
The US economy shined in its latest report card, supporting calls that it can dodge recession despite the most aggressive...
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Fed raises interest rates to 22-year high, leaves door open for more
The Federal Reserve raised interest rates to the highest level in 22 years and left the door open to additional...
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PacWest to be sold to Banc of California in latest rescue deal
PacWest Bancorp is being bought by smaller rival Banc of California as it seeks to navigate a bout of upheaval...
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NY commercial finance requirements pared back
Commercial lenders will face less stringent disclosure requirements after New York’s Commercial Finance Disclosure Law takes effect Aug. 1 thanks...
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Commercial Industrial Finance rebrands as Republic Bank Finance
Commercial Industrial Finance announced this month it is rebranding as Republic Bank Finance following completion of a merger. Louisville, Ky.-based...
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